Employee Retirement Readiness: Employer Responsibilities
The attributes listed in this piece have become associated with an employer’s responsibilities in helping participants achieve retirement readiness.
Scoring The SECURE Act: A Disappointing Effort
You probably have heard a lot of good things about the recently passed, strangely named but appropriately abbreviated Setting Every Community Up for Retirement Enhancement Act – the SECURE Act. Many parties will be affected by the SECURE Act, and many entities will profit. However, you may be surprised to learn that the average American’s ability to retire sooner, with more security or even at all, is not materially improved by the Act.
Why You Should Make Only Roth 401k Contributions
A frequent question I get from 401k plan participants is “What type of contributions should I make Bob, Roth 401k contributions or traditional pre-tax 401k contributions?” It now appears that everyone would be better off making Roth 401k contributions only. Here’s why.
Most Important 401k Improvements For 2020
What 401k improvements are you considering for your plan in 2020? Most leading edge employers will have the following items on their list of 401k improvements for the coming year.
Should You Offer Only Index Funds In Your 401k Plan?
A number of retirement plan experts believe that 401k plan participants should only be allowed to invest in index funds. They say the additional cost that participants pay for actively managed mutual funds is not justified by better performance.
Make Sure Your 401k Investment Fund Lineup Includes These 8 Key Features
Based upon more than 30 years of experience working with employer retirement plan sponsors, here are my thoughts on what should be included in your 401k investment fund lineup.
Your 401k Investment Committee’s Most Important Fiduciary Responsibilities
As a 401k investment adviser who is also an Accredited Investment Fiduciary (AIF), I have worked with investment committees for decades. During that time, I have found the following three fiduciary responsibilities to be most important for every 401k investment committee.
8 Questions Employers Have About Fiduciary Responsibility
As an Accredited Investment Fiduciary (AIF), I am a retirement plan fiduciary compliance expert. Following are answers to the eight fiduciary questions I hear most often from employers.
9 Important Questions To Ask Your Financial Advisor
How to find out if you are working with an advisor whose background is best for your needs.
9 Of 10 Best Performing Funds Through June Are Actively Managed
None are index funds and only one is an ETF.